Economy

Indian Bank Reports 14.7% Rise in Q2 Net Profit

The Hindu1h
THE BRIEF
1

Indian Bank reported a net profit of ₹3,462 crore for Q2 FY27, marking a 14.71% increase compared to the previous year.

2

Operating profit grew by 46.58% to ₹7,090 crore, while total business volume expanded to ₹15.96 lakh crore.

3

Asset quality improved as gross non-performing assets (NPAs) declined to 1.61% of gross advances, down from 2.60% last year.